R+V VERSICHERUNG AG v RISK INSURANCE AND REINSURANCE SOLUTIONS SA

[2006] Lloyd's Rep IR 253

QUEEN’S BENCH DIVISION COMMERCIAL COURT

Before Mr Justice Moore-Bick

Reinsurance - Underwriting agent - Binding authorities agreed between employee of reinsurers and underwriting agent - Additional 40 per cent commission to be paid to underwriting agent in first year - Whether unlawful conspiracy between employee and underwriting agent - Whether repudiation of binding authorities by underwriting agent - Whether underwriting agent repudiated binders by abuse.